Denmark and Australia tie with one apiece. Christian Eriksen for Denmark and a second penalty of the World Cup for captain Mile Jedinak.
Australia's Tom Rogic was their bright spark, as he tried to give the Aussies the advantage in the game.
Aaron Mooy powered an effort at Schmeichel in goal but it went agonisingly wide.
At the other end, Pione Sisto curled a shot just wide of Ryan's goal as he tried to restore his side's lead.
Late on, youngster Daniel Arzani tested Schmeichel with a shot from a tight angle and Matthew Leckie took aim at the goalkeeper, but both chances were blocked. Braithwaite tried to slip one past Ryan in stoppage time, but his scooped effort was saved.
Australia were the side with more attacking threat in the second half but could not find a breakthrough.
Five takeaways from Denmark vs Australia
The VAR system gave Australia a penalty when Yussuf Poulsen was judged to have handled the ball. However, on viewing, Poulsen will feel hard done by, given the touch appeared to have happened accidentally.
Australia retains a slight chance of staying in the World Cup. They showed no signs of tiring and their energy levels remained the same throughout the whole game.
Dedication from Knudsen
He didn't get on to the pitch, but Jonas Knudsen became a father this week and the Danish players paid for a private jet to take him to see his newborn. He still made it back for the game against Australia.
Denmark need more creativity
The Danes are blessed with technical players like Christian Eriksen but in the second half, there was nothing to show for it — Australia dominated most of the second half.
Australia needs Arzani
Youngster Daniel Arzani is the youngest player at the World Cup. If they are to have a chance against Peru, they should start the next match with him on the pitch, as he can link up well with creative man Tom Rogic to unlock Peru's defence.